Ellipsiz posts jump in Q2 net income

SEMICONDUCTOR equipment provider Ellipsiz reported a sizeable leap in its net income for the second quarter ended Dec 31, 2017 from the year before.

Its net profit attributable to shareholders totalled S$5.8 million, from S$1.7 million a year ago.

Its earnings per share was 3.48 Singapore cents for Q2 FY2018, from 0.99 Singapore cent in Q2 FY2017.

This came as its revenue for the period inched up 3 per cent year-on-year to S$10.5 million.

Ellipsiz said it is cautiously optimistic of its performance prospects for the second half of FY2018. It added that it would continue to be vigilant of its "volatile operating environment" while exploring opportunities for growth.